Lucy Hooker

1 week ago | bbc.com | Esyllt Carr |Lucy Hooker

HS2 reports subcontractor over alleged fraudEsyllt Carr & Lucy HookerEPAThe company building the HS2 rail line between London and Birmingham has reported one of its subcontractors to the tax authorities over possible fraud. Whistleblowers made allegations over the way pay was handled for some construction staff on the high-speed line. HS2 Ltd said last month it was conducting its own investigation, looking into two firms who supplied it with workers.

1 month ago | bbc.com | Lucy Hooker

Reeves outlines plan for £25bn pension 'megafunds'Lucy HookerGetty ImagesThe government has fleshed out its plans for reforming the UK pension industry, including the creation of £25bn "megafunds" which will be instructed to make a portion of their investments locally to help fuel economic growth. The chancellor said the overhaul, designed to follow the example of Australia and Canada's huge pension investment funds, would also boost people's pension pots.

1 month ago | aol.com | Lucy Hooker

The government has fleshed out its plans for reforming the UK pension industry, including the creation of £25bn "megafunds" which will be instructed to make a portion of their investments locally to help fuel economic growth. The chancellor said the overhaul, designed to follow the example of Australia and Canada's huge pension investment funds, would also boost people's pension pots.

1 month ago | yahoo.com | Lucy Hooker

Tens of thousands of energy customers are set to receive payouts of up to £1,000 each, and could see debts written off, in response to the scandal over the forced fitting of prepayment meters. Energy companies are paying out more £70m in compensation and financial support to customers. It follows a review by the regulator, Ofgem, of the way suppliers switched often vulnerable customers to paying upfront, without their agreement, after they fell behind with their bills.

1 month ago | bbc.com | Lucy Hooker

Alan Bates's 'kangaroo court' claims deniedLucy HookerPhoto by ANDY RAIN/EPA-EFE/REX/ShutterstockCompensation for sub-postmasters is not being decided by a "kangaroo court", the body overseeing the payouts has said, pushing back against allegations made by Sir Alan Bates. Sir Alan, who led the campaign for justice, said he had been made a "take it or leave it" offer that was less than half the amount he was claiming.